344 W Loma Alta Drive, Altadena, California 91001, Altadena, 91001 - 3 bed, 2 bath

344 W Loma Alta Drive, Altadena, California 91001 home-pic-0

344 W Loma Alta Drive

Altadena, California 91001

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,863Sq Ft
7,933Lot Size

Property Price

LIST PRICE$899,000
EST. MARKET VALUE
$1,015,800
11% BelowMARKET VALUE

SUMMARY

Analysis of 344 W Loma Alta Drive, Altadena, California 91001 reveals a Prime Investment Opportunity with a current list price of $899,000—significantly undercutting the $1,015,800 Fair Market Value by 11%. This valuation gap indicates a +$116,800 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Altadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,015,800 +$116,800 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Altadena.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
344 W Loma Alta Drive
Subject
$899,000*
List Price
321,863$545-
A
2774 Glen Avenue
Sold
$850,000321,424$5970.7 mi
B
3117 Lincoln
Sold
$975,000421,864$5230.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

While originally built in 1947, the property qualifies as excellent due to extensive recent renovations, specifically a complete kitchen remodel in 2024 featuring quartz countertops, custom cabinetry, and new stainless steel appliances. The listing describes the home as updated throughout and well-cared-for, with modern interior features and move-in ready condition that meets current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7933, living area = 1863.

  • Modern 2024 Kitchen Remodel

    The kitchen was thoughtfully redesigned in 2024 with premium quartz countertops, custom white cabinetry, and stainless steel appliances, providing a contemporary and high-end culinary experience.

  • Prime Foothill Location and Views

    Set on a unique raised knoll, the property offers an expansive feel with stunning views of the San Gabriel Mountains and city lights, plus immediate walking access to Loma Alta Park and local trails.

CONSRISKS & DEFICIENCIES

  • Incomplete Garage Facility

    Although plans are approved, the lack of a currently functional two-car garage may be a drawback for buyers seeking immediate, covered parking without the need for construction.

  • Vintage Infrastructure Risks

    Built in 1947, the home may possess aging systems or structural elements typical of the era that could require ongoing maintenance or further modernization beyond the recent cosmetic updates.

About 344 W Loma Alta Drive

Welcome to this absolutely charming 1947 traditional in our stunning foothills. This 1,863 square foot, three bedroom, two bath residence with a den has been well cared for and updated throughout. The spacious living room with its impressive central fireplace seamlessly connects to a beautiful, light-filled dining room, all with stunning mountain views. Meal prep will be a delight in this thoughtfully designed kitchen with custom features, remodeled in 2024, including a lovely eat-in breakfast area. The kitchen is accented by gleaming quartz counters, crisp white cabinets and stainless steel appliances. It is picture-perfect! A large back family room with an elevated brick fireplace is the perfect spot for game night and provides ideal indoor/outdoor flow that opens to the large backyard, where twinkling city light views can be seen in the distance. Set against the backdrop of the San Gabriel Mountains, 344 W. Loma Alta stands amongst other lovely homes in an original Altadena neighborhood. It is standout due to its native plantings, inviting curb appeal and unique setting on a raised knoll that allows for an expansive feeling of open space. Walk to Loma Alta Park or local trails in the foothills right from the front door. With approved permitted plans for a brand new 2 car garage and a usable California basement, you'll have storage for all your needs. This is a special opportunity to buy a picture-perfect place to live; one of the few original standing structures that is sure to be a beacon of Altadena in the coming years. Don't miss this gracious example of the California lifestyle. It is a delightful place to call 'home'!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1947
Lot Size
7,933 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,8631,804.5
52%
Lot Size7,9339,096.5
39%
Price$899.0K$1.14M
24%
Price per sq ft$483$681
8%
Built year19471947
50%
HOA$0$0
50%
Days on market30170
2%

Pricing History

Listed for Sale

Feb 4, 2026

$899,000

Initial Listing

Sold

Jul 12, 2022

$975,000

Public Record

Sold

Sep 9, 2019

$550,000

Public Record

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